As a worldwide industry leader, The Dow Chemical Company connects chemistry and innovation to help address many of the world’s most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow has also figured out how to determine, calculate, and record its transaction taxes using SAP software to … Read More

Join Thomson Reuters and Aberdeen Group for a special webcast to uncover processes and supporting technologies that allow successful global indirect tax management. Doing business in a global market has its share of challenges. Ensuring proper value-added tax (VAT) registration and management is one that should not be overlooked. Effective VAT management enables critical business continuity … Read More

Small independent booksellers in France are concerned that the recent rise in VAT on books to seven per cent from 5.5 percent may drive them out of business. France is known for its independent booksellers that offer the best of both worlds — one-on-one service and a comfortable setting where you can browse the shelves, and guaranteed … Read More

Many users of the world’s most sophisticated and widely embraced enterprise resource planning (ERP) systems still use desktop spreadsheets to manage their value-added tax (VAT) and statistical filing processes. It’s labor-intensive work that may not catch every error and leaves the VAT processes without rigorous controls. It also puts companies at increased risk at a … Read More

Following budget deliberations this week Finnish Government Ministers have announced an increase in value added tax (VAT) across the board by one percentage point. Prime Minister Jyrki Katainen has indicated raises in tax rates will take precedence over saving cuts in the government’s budget plans. The planned increase, which will affect necessities such as food and … Read More